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New Deal


Announced

Paine Schwartz Partners to invest $150m in AgroFresh Solutions.

Financials

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Transaction Value£119m
Consideration TypeCash
Capital Owned-
Capital Bid For36%
EV/Sales25.6x
EV/EBITDA10.38x
Share Price Premium-
One Off Charge-

Tags

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Domestic

Public

shelf life of fresh products

1-methylcyclopropene technology

data-driven solutions

United States

Acquisition

Single Bidder

Minority

Private Equity

Friendly

Food Products

Pending

Synopsis

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Paine Schwartz Partners, a private equity firm focused exclusively on sustainable food chain investing, agreed to invest $150m in AgroFresh Solutions, a provider of produce freshness solutions. "Through our global investments in fresh produce, Paine Schwartz has developed a long-standing thesis in post-harvest technology. We are excited to target new opportunities in the sector through this strategic investment in AgroFresh. AgroFresh is a leading independent platform that has a diversified network of direct customer relationships, a solutions-based service offering and a leading post-harvest portfolio. We look forward to working closely with Jordi, Graham and the team to enhance operations, drive growth and create value," Kevin Schwartz, Paine Schwartz CEO and Founding Partner.

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